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Other Expense, Net
 3 Months Ended
Mar. 29, 2014
Other Nonoperating Income (Expense) [Abstract]  
Other Expense, Net
OTHER EXPENSE, NET
The Company’s other expense, net consisted of the following (in millions):
 
Three Months Ended
 
March 29, 2014
 
March 30, 2013
Interest income
$
(1
)
 
$
(1
)
Interest expense
21

 
19

Other
—

 
30

Other expense, net
$
20

 
$
48


During the first quarter of 2013, the Company recorded a $29 million charge to other expense to adjust the carrying value of the pre-existing CardioMEMS equity investment and fixed price purchase option to fair value. See Note 2 for further detail on the accounting for CardioMEMS as a variable interest entity, which has been consolidated into the Company's results starting in the first quarter of 2013.